Accounting Associate

SOUM; Karachi Division; On-site; PKR 1,400,000 - 2,000,000; Full time

Job summary

A leading company is seeking a detail-oriented Accounting Associate in Karachi. The role involves processing payments, maintaining financial records, and supporting month-end and year-end closing procedures. Candidates should have relevant qualifications, such as being a CAF/ACCA/ICMA finalist or holding a degree in Accounting or Finance, along with proven experience in the field.

Qualifications

• 2 years and above proven experience in accounting or finance roles.
• Knowledge of relevant laws and regulations (e.g., IRFS, ISA) is a plus.
• Ability to work independently and as part of a team.

Responsibilities

• Process customer and vendor payments accurately and efficiently.
• Support month-end and year-end closing processes.
• Communicate effectively with internal and external stakeholders regarding financial matters.

Skills

Analytical skills

Attention to detail

Communication

Problem-solving

Education

CAF/ACCA/ICMA Finalist

Bachelor’s degree in Accounting, Finance, or related field

Tools

Accounting software

Microsoft Office Suite

Job description

We are seeking a detail-oriented Accounting Associate to join our team. The ideal candidate will be responsible for processing payments, identifying and correcting errors, maintaining financial records, and supporting month-end and year-end closing processes. This role involves collaboration with internal and external stakeholders, ensuring accuracy in financial reporting, and contributing to the audit process.

Key Responsibilities:

• Payment Processing:
• Process customer and vendor payments accurately and efficiently.
• Ensure all payments are recorded in the financial system promptly and accurately.
• Reconcile payment discrepancies and resolve any issues with vendors or customers.

• Error Identification and Correction:
• Review financial transactions to identify errors or inconsistencies.
• Correct errors in a timely manner to maintain accurate financial records.
• Investigate and resolve discrepancies in financial data.

• Accounting and Financial Bookkeeping/Reporting:
• Support month-end and year-end closing processes.
• Maintaining asset cycle, processing accounts payable and receivable transactions in a timely manner.
• Prepare and maintain accurate financial records, including invoices, receipts, and other documentation.
• Reconcile bank statements and assist with month-end closing procedure
• Support the audit process by providing necessary documentation and information.
• Knowledge of relevant laws and regulations (e.g., IRFS, ISA) is a plus.

• Collaboration and Communication:
• Work closely with other departments to gather necessary accounting and financial information.
• Communicate effectively with internal and external stakeholders regarding financial matters.
• Support the finance team in various accounting tasks and projects as needed.

• Others:
• Proficiency in accounting software and Microsoft Office Suite (Excel, Word).
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Strong analytical and problem-solving skills.

Qualifications:

• CAF/ACCA/ICMA Finalist or Bachelor’s degree in Accounting, Finance, or related field (or equivalent experience).
• 2 years and above proven experience in accounting or finance roles.
• Attention to detail and accuracy in financial reporting.